The MFS Georgia Municipal Bond Fund R6 is a mutual fund that focuses on generating income exempt from both federal income tax and Georgia personal income tax. Its primary purpose is to invest in a diversified portfolio of municipal bonds issued by Georgia state and local governments, making it especially relevant for Georgia residents seeking double tax-exempt income. The fund employs a strategy that combines sector and security selection, as well as yield curve analysis, to pursue total return while emphasizing income generation. With over $100 million in assets, it typically holds more than 200 individual municipal bonds, including issues from sectors such as housing authorities, utilities, and transportation infrastructure. The fund is benchmarked against the Bloomberg Municipal Bond Index and is structured to offer R6 class shares, which are available to eligible retirement and institutional investors without a sales charge. As a long-standing product—originally launched in 1988—it plays a significant role in the single-state municipal bond segment, providing targeted exposure to Georgia’s municipal debt market as well as risk diversification for income-seeking investors.
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